SiriusXM reports 17% y/y growth in Q2 net income to USD205 million
Company raises full-year 2017 financial outlook
SiriusXM Holdings’ net income increased 17% year-over-year (y/y) to USD205 million in the second quarter ended 30 June 2016, the US-based radio company said in a press release last week. The company reported higher net income as revenue increased 9.1% y/y to USD1.34 billion. Higher sales also helped SiriusXM record 15% y/y growth in operating income to USD416.3 million.
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